Use A Growth Mindset To Grow Your Money

Imagine a world where there was a recipe you could follow to get rich. What ingredients do you think would feature in it?

While you’ll never be able to think your way to a million bucks, your beliefs about what it takes to succeed, combined with the way you make sense of the world, can impact your bank balance.

Introduction to Growth Mindset

A few decades ago, Dr. Dweck and her colleagues found that people fall into 1 of 2 camps regarding our underlying beliefs about learning and knowledge.

We either have a fixed mindset or a growth mindset.

What Is The Difference?

With a fixed mindset, you believe your talents, skills, abilities, intelligence, and character are fixed. A growth mindset is the opposite. You believe everything from your intelligence and capabilities to your overall lot in life is subject to change.

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